Technical analysis by shakatrade1_618 about Symbol BTC: Sell recommendation (6/20/2025)
https://sahmeto.com/message/3602651

shakatrade1_618
Rank: 6458
Analytical Power:
1.6

I believe the impulse BTCUSDT BTCUSD BTCUSDT.P from April to May has been completed, and we are currently in a correction phase, which is likely to continue for some time. In the base case, I’m considering a simple zigzag pattern: Wave A – impulsive move down Wave B – forming a symmetrical triangle Wave C – expected next 🎯 Target zone: 97,500, where we have a confluence of weekly FVG, 20-week MA, and vWAP.Overall, on track. We're starting to see a series of climaxes, so a reversal could be expected soon.Closed half the short position at 98,400. Kept the other half for a possible drop to 96,000, but the market reversed — second part moved to break-even.
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$103,252.89